XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest income:        
Interest and fees on loans $ 9,668 $ 9,237 $ 19,158 $ 18,876
Interest on investment securities 391 543 746 1,301
Total interest income 10,059 9,780 19,904 20,177
Interest expense:        
Interest on deposits 705 1,131 1,448 2,606
Interest on borrowings 42 26 80 62
Total interest expense 747 1,157 1,528 2,668
Net interest income 9,312 8,623 18,376 17,509
Provision for loan and lease losses 498 850 899 1,430
Net interest income after provision for loan and lease losses 8,814 7,773 17,477 16,079
Non-interest income:        
Net gain on sales and prepayments of investment securities 22 326 22 326
Lease income 202 212 411 424
Other income, net 345 353 798 877
Total non-interest income 809 1,330 1,760 2,627
Non-interest expense:        
Salaries and employee benefits 4,992 5,193 9,906 10,329
Net occupancy and equipment 1,020 995 2,059 1,996
Computer services 485 424 950 841
Fees for professional services 354 401 711 679
Other expense 1,548 1,568 3,169 3,230
Total non-interest expense 8,399 8,581 16,795 17,075
Income before income taxes 1,224 522 2,442 1,631
Provision for income taxes 271 118 539 380
Net income $ 953 $ 404 $ 1,903 $ 1,251
Basic net income per share $ 0.15 $ 0.07 $ 0.30 $ 0.20
Diluted net income per share 0.14 0.06 0.28 0.19
Dividends per share $ 0.03 $ 0.03 $ 0.06 $ 0.06
Service [Member]        
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax $ 240 $ 263 $ 506 $ 697
Mortgage Banking [Member]        
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax   $ 176 $ 23 $ 303